Massachusetts Community becomes Resident-owned Co-op

According to nashobapublishing.com, the Wayside Community Association, Inc. has purchased its own community, Wayside Estates in Shirley, Massachusetts facilitated by Cooperative Development Institute (CDI), a part of Resident Owned Communities (ROC) USA, based in New Hampshire. Wayside has set up committees to oversee the upkeep of the 64-homesite community and has retained Julie Geren of Greenleaf Property Management as the new community manager. MHProNews.com understands association members now own their own community with a new sense of purpose. Those who do not belong will still pay rent but have no say in the operations. ##

(Photo credit: ROC USA–residents celebrate ownership)

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